BKH Black Hills PE ratio, current and historical analysis
The current PE ratio for Black Hills stock as of Nov 21, 2024 is 16.97. This is calculated based on the current EPS of $3.73 and the stock price of $63.29 per share. The P/E ratio has grown by 19% from the past four quarters average of 14.3.
BKH PE ratio history
The average historical PE ratio of Black Hills for the last ten years is 29.05. The current PE ratio of 16.97 is 42% below the historical average. Over the past ten years, BKH's PE ratio was at its highest in the Jun 2016 quarter at 242.46, when the stock price was $63.04 and the EPS was $0.26. The lowest value was in the Mar 2018 quarter, when it reached 12.4 with a price of $54.3 and an EPS of $4.38.
Black Hills PE ratio by year
Maximum annual increase: 80.56% in 2019
Maximum annual decrease: -58.51% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.8 | -21.9% |
| 2022 | 17.67 | -6.36% |
| 2021 | 18.87 | 12.05% |
| 2020 | 16.84 | -29.45% |
| 2019 | 23.87 | 80.56% |
| 2018 | 13.22 | -26.76% |
| 2017 | 18.05 | -58.51% |
| 2016 | 43.5 | N/A |
| 2015 | N/A | N/A |
| 2014 | 17.98 | -8.92% |
BKH average PE ratio chart
BKH's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
BKH PE vs peers
Compared to its peers DUK and XEL, BKH's PE ratio stands lower, however it is higher than EXC's and MDU's. Black Hills is presently trading at a lower PE ratio (16.97) than its peer group average of 18.64.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MDU Mdu Resources Group Inc | 10.12 | $4.04B |
| NWE Northwestern Corp | 15.32 | $3.48B |
| AVA Avista Corp | 15.58 | $3.11B |
| EXC Exelon Corp | 16.02 | $39.12B |
| BKH Black Hills Corp | 17.32 | $4.63B |
| CMS Cms Energy Corp | 19.9 | $26.66B |
| DUK Duke Energy CORP | 21.14 | $88.83B |
| XEL Xcel Energy Inc | 21.24 | $41.1B |
| CNP Centerpoint Energy Inc | 21.29 | $20.96B |
| AEE Ameren Corp | 22.15 | $25.18B |
| LNT Alliant Energy Corp | 24.64 | $16.31B |
Frequently asked questions
What is Black Hills's PE ratio?
BKH's price to earnings ratio is 16.97 as of Nov 21, 2024.
What is the 3-year average PE ratio for Black Hills (BKH)?
As an average over the last 3 years, BKH stock has a PE ratio of 16.05.
What is the 5-year average PE ratio for Black Hills (BKH)?
As an average over the last 5 years, BKH stock has a PE ratio of 16.93.
What is the highest PE ratio for BKH?
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 242.46.
How does the current PE ratio for BKH compare to its historical average?
The current price to earnings ratio of BKH is 42% lower than the 10-year historical average.
How is BKH's PE ratio calculated (Black Hills PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Black Hills's stock price is $63.29. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.73. Therefore, Black Hills's P/E ratio for today is 16.97. PE RATIO(16.97) = STOCK PRICE($63.29) / TTM EPS($3.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.